Why UAE leaving OPEC matters, in 2 charts

Why UAE leaving OPEC matters, in 2 charts

OPEC is no stranger to exits. But UAE’s exit could mean a fundamental geopolitical shift in the Middle East (and the oil markets).

Asia’s top economies  are most vulnerable to any disruption at the Strait of Hormuz

Asia’s top economies are most vulnerable to any disruption at the Strait of Hormuz

Over a quarter of global seaborne oil flows through the Strait of Hormuz—making Asia’s top economies especially vulnerable to any disruption.

Iran–Israel Clash Threatens Oil Chokepoints & Global Shipping

Iran–Israel Clash Threatens Oil Chokepoints & Global Shipping

Israel’s strikes on Iran’s strategic sites have sent Brent crude and gold prices sharply higher, while potential threats to Kharg Island and the Strait of Hormuz chokepoints could force shipping reroutes, risking wider global supply-chain disruptions.